« Back to Glossary IndexTax Haven
A tax haven is a jurisdiction that offers low or zero taxation, financial privacy, and business-friendly regulations to attract foreign investors. While the UAE has traditionally been considered a tax haven due to no personal income tax, no capital gains tax, and 100% profit repatriation, the introduction of Corporate Tax (Federal Decree-Law No. 47 of 2022) at a 9% rate for businesses exceeding AED 375,000 in taxable profits has reshaped its tax landscape. However, free zones still offer tax incentives, including long-term corporate tax exemptions for qualifying businesses, making the UAE an attractive destination for international corporations and startups.
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ATB Legal is a full-service legal consultancy in the UAE providing services in dispute resolution (DIFC Courts, ADGM Courts, mainland litigation management and Arbitrations), corporate and commercial matters, IP, business set up and UAE taxation. We also have a personal law department providing advice on marriage, divorce and wills & estate planning for expats.
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